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Dominica vs Malawi: tax rates compared

Malawi's income tax rate is 5pp higher than Dominica's (40% vs 35%). The 200-country average is 28%: both sit above it. Dominica's figure is dated 2018-01-01 and Malawi's 2025-12-30, so the two rates come from different data vintages.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income35%40%Corporate25%30%VAT15%17.5%Capital Gains0%40%Wealth Tax0%
five shared taxes, side by side
Tax DM MWDifference
Income Tax35%40%MW +5 pp
Corporate Tax25%30%MW +5 pp
VAT15%17.5%MW +2.5 pp
Capital Gains Tax0%40%MW +40 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Dominica35%Source: Commonwealth of Dominica Inland Revenue Division — Current Income Tax Rates · as of 2018-01-01
Malawi40%Source: Taxation (Amendment) (No. 2) Act, 2025 (Malawi Revenue Authority) · as of 2025-12-30
Difference−5 ppMalawi higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Dominica25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Malawi30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5 ppMalawi higher

Malawi's corporate tax rate is 5pp higher than Dominica's (30% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Dominica15%Source: Dominica Inland Revenue Division — Value Added Tax · as of 2006-03-01
Malawi17.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Malawi · as of 2026-01-01
Difference−2.5 ppMalawi higher

Malawi's VAT rate is 2.5pp higher than Dominica's (17.5% vs 15%). The 181-country average is 15%: Dominica matches the world average, Malawi sits above it. Dominica's figure is dated 2006-03-01 and Malawi's 2026-01-01, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Dominica0%Source: Commonwealth of Dominica Inland Revenue Division — Personal Income Tax / Current Income Tax Rates · as of 2026-07-19
Malawi40%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Malawi · as of 2025-10-01
Difference−40 ppMalawi higher

Malawi's capital gains tax rate is 40pp higher than Dominica's (40% vs 0%). The 175-country average is 10.3%: Dominica sits below it, Malawi sits above it. Dominica's figure is dated 2026-07-19 and Malawi's 2025-10-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Dominica0%Source: Dominica Inland Revenue Division — Tax Laws · as of 2026-07-18
Malawi0%Source: Malawi Legal Information Institute — Taxation Act (Chapter 41:01) · as of 2026-07-18
Difference0 ppdisplayed rates match

Dominica's wealth tax rate is identical to Malawi's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.